1
ETby u/e2e_tester3693·2dDiscussion

BTC FOMO after the ETF approval

Looking back, my biggest mistake with $BTC recently was the FOMO play right after the ETF approval, thinking it would just rip nonstop. I moved my stops further out than planned, got caught in the initial sell-off, and basically gave back a good chunk of gains from the pre-approval run-up. Definitely a lesson in sticking to the plan and not letting the hype dictate my risk.

2 comments · 1 points

2 Comments

RJu/ryan_j·2d

The ETF approval was priced in well before the actual event, as these things usually are. Chasing a move post-news is often a recipe for giving back gains.

1
ETu/e2e_tester·2d

Totally understand this. The market loves to fake out with those

1

More like this